Crypto News
Bitcoin Floats Above $43K as ‘Buy The Dip’ Sentiment Prevails
Buying on dips remains the dominant tactic in the crypto market, one trader said.Source link
Bitcoin Champion Nayib Bukele Clinches Re-election in El Salvador
El Salvador President Nayib Bukele, who made Bitcoin legal tender in 2021, has secured a second 5-year term according to exit polls.Source link
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.Source link
Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings
Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).Source link
FTX Seeks to Liquidate $1.4 Billion Anthropic Stake Amid Bankruptcy Proceedings
FTX seeks court approval to divest its $18 billion stake in Anthropic, part of its post-collapse asset liquidation strategy, to repay customers and fulfill stakeholder commitments. (Read More)Source link